Earlier today it was mentioned here; that Ethereum had taken a hit in very early Asian trading today when the price fell back to as low as $1042.23.
Bitcoin was under pressure all day yesterday and clearly dragged lower by the price action in Ethereum.
Yesterday Ripple continued the rebound it began on Wednesday as the price traded to as high as 0.6585. That high was after the price had based out at 0.4379 just the day before.
Yesterday it was pretty much one-way traffic for Ethereum (ETHUSD) as the price moved to reach a new 2020 high at 677.
Yesterday the dynamic and impressive gains for Bitcoin continued unabated. The price rose to as high as 23,720. That high was of course another record for the lead cryptocurrency.
Earlier today when Ethereum (ETHUSD) was lifting up towards $650, it was noted here; that is was probably headed higher and it might not be a good idea to stand in the way of that.
Earlier this morning it was noted here on the quick news; that trying to pick a top for the recent move in Bitcoin might prove difficult as it was now trading in uncharted territory.
It was noted here yesterday afternoon as Bitcoin jumped above 20k for the first time; that Ethereum was not only following it higher, but also likely to surpass its previous 2020 high at 636.19.
Whilst Bitcoin has of course grabbed the cryptocurrency limelight as usual, it has not actually been the best performer since this time yesterday morning.
Yesterday the Bitcoin break above 20,000 for the first time in its history delivered an immediate price extension.
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